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FLXS

Flexsteel Industries, Inc.

$17.6

Earnings Summary

Revenue
$140.41Mn
Net Profits
$5.32Mn
Net Profit Margins
3.79%
PE Ratio
15.67

Highlights

Revenue:

Flexsteel Industries, Inc.’s revenue jumped 18.58% since last year same period to $140.41Mn in the Q1 2022. On a quarterly growth basis, Flexsteel Industries, Inc. has generated -0.89% fall in its revenue since last 3-months.

Net Profits:

Flexsteel Industries, Inc.’s net profit jumped 8.98% since last year same period to $5.32Mn in the Q1 2022. On a quarterly growth basis, Flexsteel Industries, Inc. has generated 170.46% jump in its net profits since last 3-months.

Net Profit Margins:

Flexsteel Industries, Inc.’s net profit margin fell -8.1% since last year same period to 3.79% in the Q1 2022. On a quarterly growth basis, Flexsteel Industries, Inc. has generated 171.09% jump in its net profit margins since last 3-months.

PE Ratio:

Flexsteel Industries, Inc.’s price-to-earnings ratio after this Q1 2022 earnings stands at 15.67.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Flexsteel Industries, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.43
EPS Estimate Current Year
0.43

Highlights

EPS Estimate Current Quarter:

Flexsteel Industries, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.43 - a -14% fall from last quarter’s estimates.

EPS Estimate Current Year:

Flexsteel Industries, Inc.’s earning per share (EPS) estimates for the current year stand at 0.43.

Key Ratios

Key ratios of the Flexsteel Industries, Inc. post its Q1 2022 earnings

Earning Per Share (EPS)
0.81
Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.05
Dividend Per Share (DPS)
0.6

Highlights

Earning Per Share (EPS):

Flexsteel Industries, Inc.’s earning per share (EPS) fell -0.8% since last year same period to 0.81 in the Q1 2022. This indicates that the Flexsteel Industries, Inc. has generated -0.8% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Flexsteel Industries, Inc.’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Flexsteel Industries, Inc.’s return on equity (ROE) stands at 0.05.

Dividend Per Share (DPS):

Flexsteel Industries, Inc. declared 0.6 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-29
0.5
0.81
62%

Company Information

Flexsteel Industries, Inc. and Subsidiaries (the 'Company') is one of the largest manufacturers, importers and online marketers of furniture products in the United States. Product offerings include a wide variety of upholstered furniture such as sofas, loveseats, chairs, reclining and rocker-reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs and bedroom furniture. A featured component in most of the upholstered furniture is a unique steel drop-in seat spring from which the name 'Flexsteel' is derived. The Company distributes its products throughout the United States through its eCommerce channel and direct sales force.

Organisation
Flexsteel Industries, Inc.
Employees
636
Industry
Consumer Durables